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at the bottom of the economy with some much steve leung that mubarak. was sixty five feet at central bank now we know still down fifteen point five billion dollars and this is a huge i thought well deserved and in fact the impulse and this is the first investor. no one will come to invest anything any here in egypt due to these he is the first of six took. on a loan to unemployment food to do is to add the us only also six to sunni odd and if you could see it you would. build this continues to be all over egypt this would affect also if jews of egypt business would be shocked at our feet now we are divided between two parts that is a pole is a political force in one hand and muslim who'd been us all hands whom we all in the body of the six was better thank you it seems that the egyptian people don't agree on much these days one of the few things they do agree on is that egypt's economy needs to get back on the right track and as soon as possible. they're now getting at britain's unemployed into jobs it's proving to be a costly failure only three quarter
at the bottom of the economy with some much steve leung that mubarak. was sixty five feet at central bank now we know still down fifteen point five billion dollars and this is a huge i thought well deserved and in fact the impulse and this is the first investor. no one will come to invest anything any here in egypt due to these he is the first of six took. on a loan to unemployment food to do is to add the us only also six to sunni odd and if you could see it you would. build this continues to...
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how would you compare egypt's economy now. i've not bothered that they follow me with some lots they blew that move but it. was thirty five on six at simple bank now we'll still own fifteen point five million dollars and this is a huge car i thought would deserve and be back to the impulse i'm told it affects investors no one will come to invest anything in here in egypt to do usually is the first and second took. on a lot of the unemployment figures out today is two of us also sick too soon we are going to feel sick she will. feel just continues to be a little bit easier this will affect all six do so of egypt business with the shop our feet now we are divided into two parts so it is a quiz a political force in one hand and muslim those within hours of hands whom we all in the body if the six was gratifying to you it seems that the egyptian people don't agree on much these days one of the few things they do agree on is that egypt's economy needs to get back on the right track and as soon as possible. getting a britain's unemp
how would you compare egypt's economy now. i've not bothered that they follow me with some lots they blew that move but it. was thirty five on six at simple bank now we'll still own fifteen point five million dollars and this is a huge car i thought would deserve and be back to the impulse i'm told it affects investors no one will come to invest anything in here in egypt to do usually is the first and second took. on a lot of the unemployment figures out today is two of us also sick too soon we...
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Dec 6, 2012
12/12
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there's planning for a much more compressed economy. they'll be much more conservative. they're waiting and seeing. at this point, it really pivots. whether you're growing 2% or 3% as an economy or contracting 2% or 3%, that's a big delta to navigate through. they have plans in place for both scenarios. >> the plans in place, does that include layoffs? >> for some companies, as they're reporting themselves, it does. particularly depending on where the cuts come. remember, the cliff itself is a pretty austere measure. we're going to take spending not related to health care, social security to historic lows. industries like aerospace and defense in particular. through the defense cuts, they'll be substantially impacted. >> we'll leave it there. thanks for being on the program. >> thanks for having me. >> so much for the fiscal cliff. why is the head of td bank group so bullish on the united states right now? he'll join me for another cnbc exclusive next. we'll also talk about his company's earnings. >>> later, will the shaky global economy throw a wrench into luxury goods
there's planning for a much more compressed economy. they'll be much more conservative. they're waiting and seeing. at this point, it really pivots. whether you're growing 2% or 3% as an economy or contracting 2% or 3%, that's a big delta to navigate through. they have plans in place for both scenarios. >> the plans in place, does that include layoffs? >> for some companies, as they're reporting themselves, it does. particularly depending on where the cuts come. remember, the cliff...
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Dec 4, 2012
12/12
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the government of spain has been struggling for months now to turn the country's economy around. today, new figures were released showing the number of people out of work is at a new record high. >> some 4.9 million spaniards are currently registered. that's an unemployment rate of some 25%, and many fear the situation is going to get worse before it gets better. >> long queues at the unemployment office had become a familiar sight in spanish cities, and they keep getting longer. the number of jobless rose for a fourth consecutive month in november. almost 500,000 more are out of work compared to a year ago. >> i wish there were more jobs. we are sinking in unemployment. >> i think the bad situation we are in is going to last at least another two years. >> the government, of course, hopes that is not the case, but so far, it has not had any success in bringing down the jobless rate. >> these are obviously very bad numbers. unemployment continues to rise. we work hard every day to try and change that. we are dealing with a crisis. >> critics at home city government's approach of c
the government of spain has been struggling for months now to turn the country's economy around. today, new figures were released showing the number of people out of work is at a new record high. >> some 4.9 million spaniards are currently registered. that's an unemployment rate of some 25%, and many fear the situation is going to get worse before it gets better. >> long queues at the unemployment office had become a familiar sight in spanish cities, and they keep getting longer....
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find out what's really happening to the global economy. look at the global financial headlines to name two kinds of reports. which part what i say struck me more. everywhere you moved here to watch the booby trap i now for hanging a shotgun shells the rat traps face the. claws rock a warhead in a freezer the. the dragon two hanging over the doorway and else the soup of the free three you're just going to blow it up to you you know to drag his soul the way. we found.
find out what's really happening to the global economy. look at the global financial headlines to name two kinds of reports. which part what i say struck me more. everywhere you moved here to watch the booby trap i now for hanging a shotgun shells the rat traps face the. claws rock a warhead in a freezer the. the dragon two hanging over the doorway and else the soup of the free three you're just going to blow it up to you you know to drag his soul the way. we found.
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the largest transaction in europe and the sector economy here. and we've touched upon him in a tearing issue is the practical work of the. public forum is about to start tearing questions include. and science i talked about the nuclear project i'd like you to know is that over one hundred students from turkey are studying in the corresponding jobs in russia. actually of this project is implemented and it is happening we're going to the plan that is going to happening so far then turkey will build a new competence level high technology competence level and i'm turris and of course mr prime minister has are just spoken about it's three point. russian tourists per year and this year will be even more terrorists which is a sign of trust to word the turkish republic towards the turkish authorities and a sign of stimulating your country. which is called voting by feet in the us meaning of this word russian turkey our neighboring countries we have a lot in common but sometimes we have dramatic pages of our history very important that we respect our lega
the largest transaction in europe and the sector economy here. and we've touched upon him in a tearing issue is the practical work of the. public forum is about to start tearing questions include. and science i talked about the nuclear project i'd like you to know is that over one hundred students from turkey are studying in the corresponding jobs in russia. actually of this project is implemented and it is happening we're going to the plan that is going to happening so far then turkey will...
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Dec 4, 2012
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for example, the need for what they call a pro-growth economy, like senator ron johnson. let me play for you what he had to say. >> this president simply doesn't understand that and as a result he's going to punish success, put at risk the economic growth that we really need to create jobs, revenue that we need. >> this is sort of the talking point that we've been hearing all along. is there any indication around capitol hill that there is some softening on that? >> i don't even know what that means, putting -- basically, i believe that the argument is that only by decreasing taxes can you lead to growth. there is a lot of historical evidence that that is not necessarily the case. i think the issue for the gchop right now is whether the tax cuts expire for everyone or whether for only those with income over $250,000. >> let me bring in jim from the national journal. jim, we had a little technical problem there. let me ask you about what she said said. can anything be decided at all until a decision is made about who is going to have tax cuts expire if it's just going to b
for example, the need for what they call a pro-growth economy, like senator ron johnson. let me play for you what he had to say. >> this president simply doesn't understand that and as a result he's going to punish success, put at risk the economic growth that we really need to create jobs, revenue that we need. >> this is sort of the talking point that we've been hearing all along. is there any indication around capitol hill that there is some softening on that? >> i don't...
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studies and author of the recent book the middle east water question hydro politics and the global economy also in london we have done it he is a reader in politics and environment at king's college london and in washington we cross to michael coogan and he is a south asia associate at the woodrow wilson international center for scholars all right gentlemen crosstalk was in effect that means you can jump in any time one twenty five go to you first in london if you like to charm water wars because it's used a lot of media. it sounds good because it's a little reserved want to wars but in fact at least before. you run out of water whatever that means you then automatically reach for a kalashnikov or go to wall warts and we have seen over the past forty years at least if not more is that when people are a lot of water that is they haven't got enough force to raise the food that they needed when they're not no longer self-sufficient they then reach for trade because trade is quiet and invisible it doesn't raise any politics country all the twenty countries in the middle east and many other cou
studies and author of the recent book the middle east water question hydro politics and the global economy also in london we have done it he is a reader in politics and environment at king's college london and in washington we cross to michael coogan and he is a south asia associate at the woodrow wilson international center for scholars all right gentlemen crosstalk was in effect that means you can jump in any time one twenty five go to you first in london if you like to charm water wars...
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with the french economy mired in depression unemployment figures are at their highest in a decade in this artie's. reports the financial hardship is putting pressure on usually harmonious relationships between the immigrant community and of course. it's always busy at this market on a sunday and from the looks of it you could think this is tehran obey route rather than the french capital this paris neighborhood stands just a stone's throw away from the famous eiffel tower but hardly anyone imagined just twenty years ago that the native french population would be finding itself in a rapidly decreasing minority here this man moved from pakistan in search of a better life but this has not been a smooth ride i don't have a proper work i don't work here. because they don't speak french. many went in france and french people don't have as much work. holiday very give. and this situation is like a ticking time bomb the jobless migrant population is getting more aggressive towards the native french which they believe to be the main cause of their troubles this is described as anti white raci
with the french economy mired in depression unemployment figures are at their highest in a decade in this artie's. reports the financial hardship is putting pressure on usually harmonious relationships between the immigrant community and of course. it's always busy at this market on a sunday and from the looks of it you could think this is tehran obey route rather than the french capital this paris neighborhood stands just a stone's throw away from the famous eiffel tower but hardly anyone...
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Nov 29, 2012
11/12
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economy are receding. the nikkei average at 9371, a gain of .7% from wednesday's close. export-related issues, including automakers, are leading the market advance. and taking a look at other markets open in the asia-pacific, we're seeing south korea's kospi trading higher by .9%, 1929. and in australia, the benchmark index is trading higher by .4%, 4465. we'll see where china takes us in the next hour. >>> countries around the world are accelerating moves to solidify trade relations. among them, japan and the european union are seeking an economic partnership. but france's trade minister says yeahn pa will have to meet certain conditions before that happens. eu trade ministers will begin discussions on thursday on whether to approve the start of negotiations with japan for an economic partnership agreement. japan would have to agree to review the trade pact if french imports of japanese autos soared. she also said japan is protecting its public works sector as well as railroads and farming. she said france will strongly urge that japan open its market. >>> the european
economy are receding. the nikkei average at 9371, a gain of .7% from wednesday's close. export-related issues, including automakers, are leading the market advance. and taking a look at other markets open in the asia-pacific, we're seeing south korea's kospi trading higher by .9%, 1929. and in australia, the benchmark index is trading higher by .4%, 4465. we'll see where china takes us in the next hour. >>> countries around the world are accelerating moves to solidify trade relations....
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this is about returning confidence to the economy. >> greta: a plan to rev up the economy or a plan for spending cuts? >> a plan for reducing the deficit which actually would return certainty to the economy, restore confidence, which would help economic growth. punishing success will not do that. temporary tax increases don't do that as well. >> greta: it's interesting, almost seems like a game of chicken to see who's going to blink first. i listen to what you say, and i understand it, i understand the broad principles, but i don't have the nuts and bolts of it. and i hear the president say he's ready, willing and excited to have bipartisanship, but i don't know what his plan is either. >> again, his budgets, four budgets, yet to propose a solution to save social security or medicare. can't even get democrats or house senators to vote for his plan. we haven't seen his plan. that's a real tragedy. the president, it's incumbent on him. he won, time for him to govern, show the american people his balanced plan. he talked about it all the time. we know where he wants to increase revenue. he
this is about returning confidence to the economy. >> greta: a plan to rev up the economy or a plan for spending cuts? >> a plan for reducing the deficit which actually would return certainty to the economy, restore confidence, which would help economic growth. punishing success will not do that. temporary tax increases don't do that as well. >> greta: it's interesting, almost seems like a game of chicken to see who's going to blink first. i listen to what you say, and i...
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a lot in terms of foreign policy a state law to them in terms of opening their economies up. to u.s. multinationals who would be and will be very important. for the united states and yes it will start buying american arms and substantial qualities libya's lots and lots of money to spend according to the state department this year along the u.s. spent six point three billion dollars financing foreign armies it argues investing in foreign militaries helps build. better alliances and further american interests abroad from the point of view of the u.s. government of course it's very useful to have other countries militaries integrated into the us they get the training then they get the equipment they get the arms it's the full package the idea of proxy armies is not new to the various truck record of training foreign armies has hardly been flawless you have the school of americas for instance which is trained all the the armies that became the torturers of latin america that started after world war two i would say the training troops is especially in the middle east in the case o
a lot in terms of foreign policy a state law to them in terms of opening their economies up. to u.s. multinationals who would be and will be very important. for the united states and yes it will start buying american arms and substantial qualities libya's lots and lots of money to spend according to the state department this year along the u.s. spent six point three billion dollars financing foreign armies it argues investing in foreign militaries helps build. better alliances and further...
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Nov 30, 2012
11/12
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CNNW
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the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. ♪ why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. can your moisturizer do that? [ female announcer ] dermatologist recommended aveeno has an oat formula, now proven to build a moisture reserve, so skin can replenish itself. that's healthy skin for life. onl
the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. ♪ why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. of washington about the future of medicare...
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it will hurt the economy allegedly. i don't buy it but that is what everyone -- >> bret: it will hurt the pentagon, correct? >> right. and the domestic spending cuts. fiscal cliff is not cutting spending. it's about preventing a tax increase that preventing spending cuts. now the republican arguement is more complicated. to use the deadline, legitimate argument. i agree with it in principle. use the deadline to get the longer range spending cuts. the president can say fine, i want to negotiate those next year. can't do it in three weeks. incidentally, speaker boehner what medicare cuts are you for, he will say? if the republican position, the republicans campaigned against $716 million in medicare cuts from the current program. republicans for medicare reform. not for squeezing the current program. they will say i want to give the middle class, make sure the middle class tax rate stay where they are. i don't want the republicans to squeeze medicare more than we did, have done in the past. i'm worried. that the president
it will hurt the economy allegedly. i don't buy it but that is what everyone -- >> bret: it will hurt the pentagon, correct? >> right. and the domestic spending cuts. fiscal cliff is not cutting spending. it's about preventing a tax increase that preventing spending cuts. now the republican arguement is more complicated. to use the deadline, legitimate argument. i agree with it in principle. use the deadline to get the longer range spending cuts. the president can say fine, i want...
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Dec 4, 2012
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this exacts the economy. the uncertainty is creating havoc with our economy and our states. >> well, the bipartisan delegation of governors wrapped up their meetings at the white house a few hourgz ago a. they plan to meet with republican leaders this afternoon and have made one thing clear. they're not taking sides in this one. >> our focus today was not to endorse a specific plan nor to dismiss a specific plan but rather to point out as gary mentioned as governors we think it's important we have a seat at the table. >> joining us now is two governors that attended that meeting, chairman of the national governors association jack merkel as well as oklahoma's republican governor the group's vice chair. thaw for joining us. governor fallon, i'll start off with you. we heard scott walker in there. why not take a side here? >> well, we have 50 different states. we have governors that have different political philosophies. what we're trying to find is common ground, some collaboration between the national governo
this exacts the economy. the uncertainty is creating havoc with our economy and our states. >> well, the bipartisan delegation of governors wrapped up their meetings at the white house a few hourgz ago a. they plan to meet with republican leaders this afternoon and have made one thing clear. they're not taking sides in this one. >> our focus today was not to endorse a specific plan nor to dismiss a specific plan but rather to point out as gary mentioned as governors we think it's...
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and many at the time thought that that was again quite a conservative number maps expecting the economy to do you have any since then of course situation has deteriorated in spain unemployment has risen especially youth unemployment. figures. the banking system will need to shrink by something like sixty thousand. people as part of the bailout package these banks will need to to shrink an extra sixty thousand unemployed in spain will be will be paying for. cash from cats been flowing into france for some time the latest being a huge time to pump vital funds into struggling small businesses but the gulf states generosity is now being met with increasingly high levels of suspicion lection jeske explains but no. france is already no stranger to qatari dollars fans of parisian football club precentor man cannot believe their luck ever since middle east and shakes invested into the team they've bought world class players and hired a top coach now this small business owner hopes he can also have a slice of the pie and huge economic crisis financing from governments are. too big to be obtained
and many at the time thought that that was again quite a conservative number maps expecting the economy to do you have any since then of course situation has deteriorated in spain unemployment has risen especially youth unemployment. figures. the banking system will need to shrink by something like sixty thousand. people as part of the bailout package these banks will need to to shrink an extra sixty thousand unemployed in spain will be will be paying for. cash from cats been flowing into...
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belly flop the economy at once. comfortabling the know that d.c. is on top of it all. alex simpson, former senator and the guy that everyone thinks is a lifeguard at the fiscal pool. ♪ ♪ >> eric: okay, beckel is gangnam style. good to know we're in good hands but get serious, folks. >> any word from karl rove? >> despite what we're telling you, it's over. romney lost. >> i guess it's time i explain, the good people, the upcoming fiscal cliff. >> the economy is the car and rich sman a driver. don't give the driver many. they will drive you over a cliff. just common sense. >> eric: not exactly. the only way to save the republic is for us to let the president go off the fiscal cliff. taxes will go up. but mandatory spending cuts get enacted. that seems to be the only way dems will cut a dime. let's save the place for the kids. do you agree? >> greg: i do. >> bob: i think you're crazy. >> greg: funny that bob and i agree but for different reasons. fiscal cliff is a horrible med fore. i means the high grade leftism. what you get are massive cuts in defense. and higher t
belly flop the economy at once. comfortabling the know that d.c. is on top of it all. alex simpson, former senator and the guy that everyone thinks is a lifeguard at the fiscal pool. ♪ ♪ >> eric: okay, beckel is gangnam style. good to know we're in good hands but get serious, folks. >> any word from karl rove? >> despite what we're telling you, it's over. romney lost. >> i guess it's time i explain, the good people, the upcoming fiscal cliff. >> the economy is...
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Dec 1, 2012
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the economy was beginning to falter during the spring. interest rates were rising. it is interesting to think about that a little. right now, fed reserve policy basically has insulated us from one of the major consequences of fiscal irresponsibility. when interest rates begin to rise, people in the housing industry, people selling durable consumer goods, stuff on credit, they immediately begin to howl. now we have none of that -- really, for the average american out in des moines or wherever, the consequences of our fiscal irresponsibility are not great. you can feel badly that the country has huge deficits and is unwilling to live in its means, but in your day to day life what you are worried about more is do i have a job. you are not worried about inflation because it is very low. one of the great devices that gets the people behind the leaders in trying to tighten our belts is missing. as many people have said, the attention of the nation was not on this topic particularly after august 2, when iraq had invaded kuwait. by august 10 we had deployed naval assets to
the economy was beginning to falter during the spring. interest rates were rising. it is interesting to think about that a little. right now, fed reserve policy basically has insulated us from one of the major consequences of fiscal irresponsibility. when interest rates begin to rise, people in the housing industry, people selling durable consumer goods, stuff on credit, they immediately begin to howl. now we have none of that -- really, for the average american out in des moines or wherever,...
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Nov 30, 2012
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the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. >>> we are back with tonight's outer circle where we reach out to our sources around the world and tonight, we go to syria where the internet is nearly blacked out. the road to damascus is shut down. the u.s. is still weighing on whether to arm them. nick peyton walsh is in beirut and i asked him about the deterioratie ining situation in syria. >> reporter: two dramatic developments today. first, the communications blackout across the country. the internet down along with most cell phones perhaps done by the regime to stop communications with the outside world about their successes, perhaps suggesting a crisis at the heart of damascus' ruling eli elite. damascus international airport, flights canceled from there. reports of clashes nearby. two austin ran peace keepers likely wounded. that vital symbol on the outskirt of the capital clearly under threat at the moment and after months of stalemate, signs of real change and movem
the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. >>> we are back with tonight's outer circle where we reach out to our sources around the world and tonight, we go to syria where the internet is nearly blacked out. the road to damascus is shut down. the u.s. is still weighing on whether to arm them. nick peyton walsh is in beirut and i asked him about the deterioratie ining situation in syria. >> reporter:...
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Nov 30, 2012
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the economy would go into a recession, economic output would drop and unemployment rate would go back up to 9.1% by the end of next year. now, the clock is ticking. john and harry, get out of the sand box. 33 days are left. peter difazio of oregon is "outfront" tonight. let me just get a response from you about timothy geithner's plan that he put on the table. 1.6 trillion in revenue. $400 billion in cuts. i'm a little confused because the president said he will give $2.50 in spending cuts for every dollar in revenue. this is, this is the opposite. >> well, finally, the white house has learned not to negotiate with itself, but with the opposition, which is the republicans. remember, there is no real cliff. on january 1st, the only thing that goes away is the social security tax holiday and nobody is seriously talking about continuing that. all the other tax increases don't take place until sometime around march. gives congress plenty of time to rekrit them, but that's $4 trillion of additional revenues. so okay, we're going to cut that more than in half. that will probably mean reagan
the economy would go into a recession, economic output would drop and unemployment rate would go back up to 9.1% by the end of next year. now, the clock is ticking. john and harry, get out of the sand box. 33 days are left. peter difazio of oregon is "outfront" tonight. let me just get a response from you about timothy geithner's plan that he put on the table. 1.6 trillion in revenue. $400 billion in cuts. i'm a little confused because the president said he will give $2.50 in spending...
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Nov 30, 2012
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is the economy strong enough to handle that hit? >> well, we reckon the economy is probably growing somewhere in the 1.5% to 2% range and is gradually repairing itself and healing itself with the assistance of the fiscal deficit. and this is one of the key things that if you pull that away too soon, you'll slow down the repair in the private sector balance sheets. and then you'll go much closer to stall speed so the economy will be much more vulnerable and exposed to shocks from europe, oil, you name it. >> and of course it increases the deficit, makes the troubles more difficult to direct longer term and now they want it do sort of the major reform entitlement next year. is that ever going to happen if the impetus isn't to deal with it right away? >> i think nancy pelosi and others are correct that the real issue, not just democrats, but also various republicans and bowles-simpson and everyone else, the real issue confronting the united states is not tomorrow's fiscal cliff. it's the outyears and the fiscal abyss of these entitleme
is the economy strong enough to handle that hit? >> well, we reckon the economy is probably growing somewhere in the 1.5% to 2% range and is gradually repairing itself and healing itself with the assistance of the fiscal deficit. and this is one of the key things that if you pull that away too soon, you'll slow down the repair in the private sector balance sheets. and then you'll go much closer to stall speed so the economy will be much more vulnerable and exposed to shocks from europe,...
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few minutes examining why consommé tyrian motives and seemingly generous investments into the french economy. five e.u. nations including britain and sons have sons the israeli ambassadors to express concern of the plans to build more settlements in disputed lands. recently was also joined by the yuan and the u.s. and warning that israel's plans pose a threat to the peace effort but israel is vowing to press ahead and continue construction middle east correspondent paula see every pore. it's happening in an area known as one man what it effectively means is that the waste that will be cut off in streets to them this announcement is widely perceived as punishment against the palestinians for number one going to the un was with this by the number two winning it essentially winning a bird that sees the palestinian state being recognized within one hundred sixty seven borders and given non observer nonmember observer status at the united nations now we're also hearing criticism of some european ambassadors european diplomats who want to get me going with certain moves against israel now we're al
few minutes examining why consommé tyrian motives and seemingly generous investments into the french economy. five e.u. nations including britain and sons have sons the israeli ambassadors to express concern of the plans to build more settlements in disputed lands. recently was also joined by the yuan and the u.s. and warning that israel's plans pose a threat to the peace effort but israel is vowing to press ahead and continue construction middle east correspondent paula see every pore. it's...
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Dec 7, 2012
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and when the economy stalls, when the economy sputers, when people lose their jobs, they know which party to blame, the party of high taxes. let's don't be the party of just almost as high taxes. >> some people have called that the doomsday scenario. others have said it's a strategic retreat on the republicans' behalf. would you vote present for that in the senate if it comes up? >> i don't think we have to in the senate. i'm happy not to filibuster it and i will announce tonight on your show that i will work with harry reid to let him pass his big old tax hike with a simple majority if that's what harry reid wants because then they will be the party of high taxes and they can own it. >> i want to ask you one quickie. your friend and mine, senator jim demint, resigning from the senate. going to take over as head of the heritage foundation. he is a great free market defender of capitalism. what do you make of jim demint leaveliing the senate? >> i think there's two ways to look t a it. the way i look at it, i've jokingly said he's going to a better place. but i really am serious about that
and when the economy stalls, when the economy sputers, when people lose their jobs, they know which party to blame, the party of high taxes. let's don't be the party of just almost as high taxes. >> some people have called that the doomsday scenario. others have said it's a strategic retreat on the republicans' behalf. would you vote present for that in the senate if it comes up? >> i don't think we have to in the senate. i'm happy not to filibuster it and i will announce tonight on...
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Nov 29, 2012
11/12
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that can drag our entire economy down. the good news is there is a better option -- right now, as we speak, congress can pass a law that would prevent a tax hike, the first $250,000 of everybody's income. everybody -- that means that 98% of america and 97% of small businesses would not see their taxes go up by a single dime. 98% of americans, a 97% of small businesses would not see their income taxes increased. even the wealthiest americans would still get a tax cut, the first $250,000 of their income. it is not like folks who make more than that are not getting a tax break -- they are getting a tax break on the first $250,000 like everybody else. families and small businesses will be able to enjoy some peace of mind heading into christmas and the new year. it will give us more time next year to work together on a comprehensive plan to bring down our deficits, streamline our tax system, and do it in a balanced way. including asking the wealthiest americans to pay a little more so we can still invest in things like educatio
that can drag our entire economy down. the good news is there is a better option -- right now, as we speak, congress can pass a law that would prevent a tax hike, the first $250,000 of everybody's income. everybody -- that means that 98% of america and 97% of small businesses would not see their taxes go up by a single dime. 98% of americans, a 97% of small businesses would not see their income taxes increased. even the wealthiest americans would still get a tax cut, the first $250,000 of their...
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behavior of the big three the big three are not behaving and haven't behaved in the interests of the economy of the us or as a whole i don't think i think that is incontrovertibly they say that they have acted in the benefit of the investors. that is possible but i've met some investors who believe that they're not acting in their benefit either they're acting in their own commercial interests there are a commercial company. now let's quickly run through the markets first the currencies the ruble end of the day stronger to both the euro and the greenback the euro is gaining to the dollar rebounding from wednesday's losses moving on to equities wall street stocks are extending one's day's gains mainly on the hopes that the u.s. government will manage to avoid the so-called fiscal cliff and european equities and of their trading session i notice while more than one percent for london's footsie thanks to all that optimism coming from the states this marks the third straight day of games in europe and here in russia the indices recovered from wednesday's losses demonstrating pretty robust gains
behavior of the big three the big three are not behaving and haven't behaved in the interests of the economy of the us or as a whole i don't think i think that is incontrovertibly they say that they have acted in the benefit of the investors. that is possible but i've met some investors who believe that they're not acting in their benefit either they're acting in their own commercial interests there are a commercial company. now let's quickly run through the markets first the currencies the...
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gulf state and signing an investment deal now qatar is to invest fifty million euros into the french economy primarily to help small businesses and rebuild parisian slums mostly inhabited by immigrants from arabic and african states. who oversaw the deal says this will help many the strongest maybe. that will help this youth. through to escape this special circle because when people have a job their vision of life is totally different when these strong people have no job they go into religion they go into violence and terror and that's terrible for the republic and that's terrible for france but after from so our long game to power this love affair with qatar got called despite that the new administration said that deal with qatar would still go ahead things are not looking as optimistic as they were during the sarkozy era every step of the guitar ambassador in paris is being closely watched by the french media and some members of parliament are even calling to investigate the actions of qatar and frog's security experts believe that qatar's initiative is. not as innocent as it may first app
gulf state and signing an investment deal now qatar is to invest fifty million euros into the french economy primarily to help small businesses and rebuild parisian slums mostly inhabited by immigrants from arabic and african states. who oversaw the deal says this will help many the strongest maybe. that will help this youth. through to escape this special circle because when people have a job their vision of life is totally different when these strong people have no job they go into religion...
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Dec 3, 2012
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that kproit duce a larger economy in the long run. when we couple that with the fact both sides feel they have a mandate on taxes is there a benefit to going over the cliff and figuring out from the bottom? >> from the democratic point of view this is really simple. if you look at the economics and you look at the politics of this, there's one simple inescapable fact which is for millionaires and billionaires taxes will go up. the president ran on this. the country is with him on this. look at the economics it the only way to address the problem is to cut taxes on millionaires or billionaires. the other option for our republican friends, if they want to make the decision and tell the country that their message is they want to address this problem by cutting programs for poor people and for sick grand mothers they can do that. >> i don't know of any reasonable democrat who doesn't say there needs be work done on entitlement reform. without a doubt. you hear it from everybody. even the president agrees we have to cut spending. so it's n
that kproit duce a larger economy in the long run. when we couple that with the fact both sides feel they have a mandate on taxes is there a benefit to going over the cliff and figuring out from the bottom? >> from the democratic point of view this is really simple. if you look at the economics and you look at the politics of this, there's one simple inescapable fact which is for millionaires and billionaires taxes will go up. the president ran on this. the country is with him on this....
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find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines to report. more news today violence is once again fled the film these are the images her world has been seeing from the streets of canada. china operations are today. you know how sometimes you see a story and it seems so for lengthly you think you understand it and then you glimpse something else and you hear or see some other part of it and realized everything you thought you knew you don't know i'm tom harvey welcome to the big picture. what. were you ever seen anything like that. november market to malta this month for palestine after an israeli offensive in gaza palestinians and human rights advocates of worldwide grieve for a people constantly struck by death and destruction but nearly two weeks later celebrations broke out after a successful bid for statehood at the u.n. it was then that the palestinian people experience starkly different emotions happiness relief and most importantly hope that finally things would change for many critics were
find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines to report. more news today violence is once again fled the film these are the images her world has been seeing from the streets of canada. china operations are today. you know how sometimes you see a story and it seems so for lengthly you think you understand it and then you glimpse something else and you hear or see some other part of it and realized everything...
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to the global economy kinds of reports on. the mission and free credit case should be free. for charges free range month free. free. free. old free blog. free media. and. was.
to the global economy kinds of reports on. the mission and free credit case should be free. for charges free range month free. free. free. old free blog. free media. and. was.
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economy $1 billion a day. it means lost business for truckers and others who rely on the port for their livelihood. combined they are the nation's busiest handling nearly 40% of impossibles from asia. and google customers across europe will be able to access the largest repertoire of music in the world. the fruit of a collaboration between internet giant and european collecting societies. kelly spoke to the director of strategy resources and asked him how instrumental google was in setting up the licensing platform. >> to facilitate their access and want to offer to every music provider to europe and perhaps the world. so access for all digital partner that have some services in europe. >> we should give you perhaps the task of figuring out the euro zone because you've manned to come together at least with regard to music. how difficult was to overcome those obstacles that those national ob kells that it seemed it held up your counterparts when it comes to trying to figure out for example budget issues? >> tha
economy $1 billion a day. it means lost business for truckers and others who rely on the port for their livelihood. combined they are the nation's busiest handling nearly 40% of impossibles from asia. and google customers across europe will be able to access the largest repertoire of music in the world. the fruit of a collaboration between internet giant and european collecting societies. kelly spoke to the director of strategy resources and asked him how instrumental google was in setting up...
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Dec 5, 2012
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economy. we think the rate cutting cycle may well be over, but the market isn't particularly viewing it that way as of yet. so the aussie still has that headwind. but it feels like headwinds. it is a bit frustrating because we are quite bearish in aussie but we're not getting that kind of downside momentum. it's just stop the cap side. >> you never know. >> it's a rarity. >> it is a rare thing for you. hang around long enough, it will go your way. thanks for that. >> cheers. >>> spain. the treasury is setting up three, seven, and ten-year bonds. they're now pre-funding for 2013. we've got the results of that in around about 30 minutes. >>> and china and india secretary growth slowed in november. analysts say china and india's nonmanufacturing team expected to improve thanks to a hiring boost in the mainland as well as strong new orders in india. at the same time, china's new leadership, as we pointed out, has laid out some fresh directives. >> these are some pretty sweeping reforms making chin
economy. we think the rate cutting cycle may well be over, but the market isn't particularly viewing it that way as of yet. so the aussie still has that headwind. but it feels like headwinds. it is a bit frustrating because we are quite bearish in aussie but we're not getting that kind of downside momentum. it's just stop the cap side. >> you never know. >> it's a rarity. >> it is a rare thing for you. hang around long enough, it will go your way. thanks for that. >>...
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surprised if that wasn't going on because the magnitude of what this means to this country and the economy of this country is so profound that i would be shocked if, that there is --. melissa: well, i don't know. you're going back to giving them a lot of credit. i'm not sure i'm willing to go there with you. what do you think of tte fact both sides come out instantly after an offer is that it is terrible? president obama was out here, blink of the eye after republicans came out with their plan to say this is not in the spirit. >> today you're talking about? melissa: yeah, today. what does that tell you? should we read anything into that or is that -- >> again i will liken it to there are plenty of people far more educated on this than i but from a negotiation standpoint i think again it is a lot about posturing. sending out your feelers. melissa: right. >> and seeing what the other side's response is to that and kind of figuring out what's the quasi-middle kbround. melissa: yeah. >> that is what the president is doing here, saying this isn't in the spirit what we're trying to accomplish. m
surprised if that wasn't going on because the magnitude of what this means to this country and the economy of this country is so profound that i would be shocked if, that there is --. melissa: well, i don't know. you're going back to giving them a lot of credit. i'm not sure i'm willing to go there with you. what do you think of tte fact both sides come out instantly after an offer is that it is terrible? president obama was out here, blink of the eye after republicans came out with their plan...
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Nov 30, 2012
11/12
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what would this plant to for our economy? slowdown even more guaranteed, raise the unemployment rate, make us even more like europe. this tax, spend and borrow plan will not give america the growth we so desperately need. consider the timing. right now we have 8% unemployment, less than 3% growth and trillion dollar deficit every year. we are spending $9 billion a week in interest in the death. imposing those tax hikes now is simply bad economic policy, taking all restraints off of borrowing caused disaster. we need 5% growth. we are not going to get it like this. yet again president obama is reviewing his inner self. he is driven by a hard left ideology. take from this group, redistribute, government is everything. clearly the president is good at politics. he won the election but lousy economics. prosperity is not coming back anytime soon. [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'
what would this plant to for our economy? slowdown even more guaranteed, raise the unemployment rate, make us even more like europe. this tax, spend and borrow plan will not give america the growth we so desperately need. consider the timing. right now we have 8% unemployment, less than 3% growth and trillion dollar deficit every year. we are spending $9 billion a week in interest in the death. imposing those tax hikes now is simply bad economic policy, taking all restraints off of borrowing...
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find out what's really happening to the global economy with mike's cause or for a no holds barred look at the global financial headlines tune in to kaiser report on r t. do we speak your language or not a day of. school music programs and documentaries some spanish matters to you breaking news a little tonnage of angola's kidneys stories. you hear see the choice all to spanish find out more visit i. tivo it's calm. evening. news to meet. the. russian. soon which bright. moon song from silence to. start on t.v. don't. let the. good of yourself or she's going to be like. oh. november market to malta this month for palestine after an israeli offensive in gaza palestinians and human rights advocates a worldwide grieve for a people constantly struck by death and destruction but nearly two weeks later celebrations broke out after a successful bid for statehood at the u.n. it was then that the palestinian people experience starkly different emotions happiness relief and most importantly hope that finally things would change for many critics were also quick to point out that the un vote might
find out what's really happening to the global economy with mike's cause or for a no holds barred look at the global financial headlines tune in to kaiser report on r t. do we speak your language or not a day of. school music programs and documentaries some spanish matters to you breaking news a little tonnage of angola's kidneys stories. you hear see the choice all to spanish find out more visit i. tivo it's calm. evening. news to meet. the. russian. soon which bright. moon song from silence...
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Dec 4, 2012
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concerns over the uk economy. so we'll see how investors take to what's probably going to be a loosening up of the budget targets the chancellor set when they came into power. so we'll keep our eyes on that. and at the moment today, more talks in brussels. the greeks now getting their buy back program approved 37 trying to sort out a single supervisor. i think these talks will be fairly tricky because there is a majority who bt with a tant the be supervisor for all the banks. german didn't like that. so those talks will go on longer than originally hoped. but we are marginally higher going to the u.s. open. thank you. >> kelly, thank you. i'll just call you r kelly in now. >> that's not bad. >> ross, thank you. great to see you. >>> when we come back on squawk, bank of america ceo brian moynihan in his own words, we caught up with him yesterday to talk about business, the economy and the looming figure. as we head into a break, bank of america, best performing dow component of the year. up about 77%. ♪ [ male an
concerns over the uk economy. so we'll see how investors take to what's probably going to be a loosening up of the budget targets the chancellor set when they came into power. so we'll keep our eyes on that. and at the moment today, more talks in brussels. the greeks now getting their buy back program approved 37 trying to sort out a single supervisor. i think these talks will be fairly tricky because there is a majority who bt with a tant the be supervisor for all the banks. german didn't like...
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Nov 29, 2012
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. >> you're not going to grow the economy if you raise tax rates on the top two rates. it'll hurt small businesses, it'll hurt our economy, it's why it's not the right approach. we're willing to put revenue on the table as long as we're not raising rates. >> brown: despite the president's talk of changing minds, "politico's" manu raju says that privately, house republicans think they can win this fight. >> right now the republican leadership feels pretty confident that they have most of their folks in line. they all generally support keeping tax rates low for virtually for every single income group. they do not want to see incomes increase for that top tax bracket. >> brown: meanwhile, on the senate floor, minority leader mitch mcconnell criticized democrats for putting social security off limits in any deficit deal. >> as for social security, the only thing we hear from why in the world wouldn't they want to talk about the fact that this vital program started spending out more than it took in 2010, for the first time in nearly 30 years and that its trustees now estimat
. >> you're not going to grow the economy if you raise tax rates on the top two rates. it'll hurt small businesses, it'll hurt our economy, it's why it's not the right approach. we're willing to put revenue on the table as long as we're not raising rates. >> brown: despite the president's talk of changing minds, "politico's" manu raju says that privately, house republicans think they can win this fight. >> right now the republican leadership feels pretty confident...
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Nov 30, 2012
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. >> brian: i believe he knows it's his economy now. clearly. he goes on vacation. if this is done he is not body surfing. he knows he will be tortured and ongoing katrina. john boehner is frustrated after a closed door meeting with geithner. >> eric: brian's point, vacation is on because president obama knows he has a deal. >> dana: i don't think -- well, one, the present doesn't have a spending cut plan. why is everyone looking at us. where is your plan, sir? now the democrats are starting to realize wait, i think they are on to us. president obama sacrificed going to hawaii with his family. going to stay behind. they will fawn over him for not going to hawaii. >> bob: that happened last year. if you accept the bush tax cut last time. family went off and obama stayed behind. it's time so just accept it. >> brian: it is the same game. the house republican and the senate democrat and president is democrat. >> eric: i can't tell you how many shows i stayed until 11:59, live show for the debt creeling to hit or the government to shut down. government would shut down,
. >> brian: i believe he knows it's his economy now. clearly. he goes on vacation. if this is done he is not body surfing. he knows he will be tortured and ongoing katrina. john boehner is frustrated after a closed door meeting with geithner. >> eric: brian's point, vacation is on because president obama knows he has a deal. >> dana: i don't think -- well, one, the present doesn't have a spending cut plan. why is everyone looking at us. where is your plan, sir? now the...
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uk see as sharp drop in lending to the real economy. and the search for the lucky power ball winners is on. two tickets match the record $580 million drawing. iberia labor unions have confirmed they'll call a six day strike in december. it will start december 14th and last through december 21st. this comes amid the airline saying it will slash about a quarter of the spanish airlines workforce and cut capacity as part of a restructuring plan. air freight traffic slowed to 3.8% year on year growth and just under 2% month on month growth for the month of october. passenger air traffic was up 3.2% this october, but it did actually decline in october by 0.2%. so a cautionary sign there for global demand. moving on now, costco is just one of the several u.s. companies deciding to issue a special one i'm cash dividend to shareholders. the new is aimed at helping investors stay ahead of automatic tax increases that will take effect in congress fails to resolve the fiscal cliff. in a twist, the retailer is issuing $3.5 billion in new debt to pay
uk see as sharp drop in lending to the real economy. and the search for the lucky power ball winners is on. two tickets match the record $580 million drawing. iberia labor unions have confirmed they'll call a six day strike in december. it will start december 14th and last through december 21st. this comes amid the airline saying it will slash about a quarter of the spanish airlines workforce and cut capacity as part of a restructuring plan. air freight traffic slowed to 3.8% year on year...
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Nov 29, 2012
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you need grow the economy. >> the question is can we grow the economy like we have in the past. some people question whether 2007 was just a big bubble. you're right the 8.5% in gdp is his totorically what we bring i but you have to find some way to change the deficit and we have for the got p baten back to any of growth. >> it's because you all the borrowing has scared consumers, scared business investors. so what you really need is if president obama ran on a balanced plan, okay, he won, so maybe the reality is some tax rate will question up, but the problem with that is our deficit last year was $1090 billion large. my point to president obama is where is the other part of your balanced plan. how are you into to go restrain or close the additional trillion dollars worth of deficit. >> you want to see entitlements tackled. in th if that were the case, would you then go on the tax rate on the richest americans? >> i'm not going to answer hypotheticals and negotiate here on the set. what we need to do is see the president's plan. i've done enough negotiations in business to unde
you need grow the economy. >> the question is can we grow the economy like we have in the past. some people question whether 2007 was just a big bubble. you're right the 8.5% in gdp is his totorically what we bring i but you have to find some way to change the deficit and we have for the got p baten back to any of growth. >> it's because you all the borrowing has scared consumers, scared business investors. so what you really need is if president obama ran on a balanced plan, okay,...
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it is good for the economy. tracy: coming up, is microsoft asking for trouble with its surface tablet which many say is way too pricey. shibani joshi is on that next. dennis: first, as we do every day, let's take a look at treasuries. ♪ want to try to crack it? yeah, th's theay to do it! now we need a little bit more... [ le announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a ve nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped us achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medire plan... yr efforts result in the quality ofare and service we're able to provide... which mes better health outcomes..
it is good for the economy. tracy: coming up, is microsoft asking for trouble with its surface tablet which many say is way too pricey. shibani joshi is on that next. dennis: first, as we do every day, let's take a look at treasuries. ♪ want to try to crack it? yeah, th's theay to do it! now we need a little bit more... [ le announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand...
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Dec 4, 2012
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. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10 devices with uimited talk and text. by htc for $49.99. >> dana: back with more on the murder-suicide we talked about in the "a" block. we'll talk about the possible underlying factors of the violence. listen to rush limbaugh. >> might there have been a better outcome if there had been a marriage involved between mr. belcher and his girlfriend? i don't know.l i know is that it the statistics from single parenthood and children out of wedlock and what happens to kids in those circumstances, what happens to the fathers in those circumstances. it's not good. >> dana: an degreia, i'm a believer in the institution of marriage to solidify families and root you in a grounded, make it possibly tradition and hopefully be prosperous in the future. there is a lot, there are many babies born out of wedlock. all across america. and all races. in particular, in african-american famil
. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10 devices with uimited talk and text. by htc for $49.99. >> dana: back with more on the murder-suicide we talked about in the "a" block. we'll talk about the possible underlying factors of the violence. listen to rush limbaugh....
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it doesn't add to the economy and those top 2 don't need to get done. we all do agree on the bottom ones and i just -- i think now they've got themselves in a pretty tight box. i hope you keep beating the drum on this. >> stephanie: i think you're a helper. you're giving them an out. >> always the helpful teacher. [ laughter ] >> stephanie: representative tim walz of the great state of representative, thank you. talk to you soon. >> thank you. >> stephanie: you know what he is? he's someone who gets it done. brought to you by granger. >> oh, my god! >> stephanie: that's right. with over 900,000 products for the ones who get it done. >> representative tim walz -- >> stephanie: nothing but net on that one. >> i wonder if he's related to -- >> no. >> inglorious basterds and carnage. >> stephanie: a complaint letter from ron in geneva, illinois. you guys, i object in the strongest possible terms tho who is who insinuate chicago punks are a bunch of gangsters. i'm attaching a photograph of my grandfather standing on the chicago lakeshore who, as far as i kno
it doesn't add to the economy and those top 2 don't need to get done. we all do agree on the bottom ones and i just -- i think now they've got themselves in a pretty tight box. i hope you keep beating the drum on this. >> stephanie: i think you're a helper. you're giving them an out. >> always the helpful teacher. [ laughter ] >> stephanie: representative tim walz of the great state of representative, thank you. talk to you soon. >> thank you. >> stephanie: you...